The Belgium-based SWIFT financial messaging service will be disconnecting some Iranian banks this weekend, said SWIFT chief executive Gottfried Leibbrandt at an event in Paris on Friday.

Earlier this week, SWIFT had already stated that it would be suspending some unspecified Iranian banks’ access to its messaging system in the interest of the stability and integrity of the global financial system.

In a brief statement issued earlier this week, SWIFT had made no mention of U.S. sanctions coming back into effect on some Iranian financial institutions on Monday, as part of U.S. President Donald Trump’s effort to force Iran to curtail its nuclear, missile and regional activities.

SWIFT’s statement on Nov. 5 said that suspending the Iranian banks access to the messaging system was a “regrettable” step but was “taken in the interest of the stability and integrity of the wider global financial system.”
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From: MeNeedIt

The U.S. Food and Drug Administration next week will issue a ban on the sale of fruit and candy flavored electronic cigarettes in convenience stores and gas stations, an agency official said, in a move to counter a surge in teenage use of e-cigarettes.

The ban means only tobacco, mint and menthol flavors can be sold at these outlets, the agency official said, potentially dealing a major blow to Juul Labs Inc, the San Francisco-based market leader in vape devices.

The FDA also will introduce stricter age-verification requirements for online sales of e-cigarettes. The FDA’s planned restrictions, first reported by The Washington Post and confirmed to Reuters by the official, do not apply to vape shops or other specialty retail stores.

There has been mounting pressure for action after preliminary federal data showed teenage use had surged by more than 75 percent since last year, and the FDA has described it as an “epidemic.”

“E-cigs have become an almost ubiquitous — and dangerous — trend among teens,” FDA Commissioner Scott Gottlieb said in September. “The disturbing and accelerating trajectory of use we’re seeing in youth, and the resulting path to addiction, must end. It’s simply not tolerable.”

That growth has coincided with the rise of Juul, whose sales of vaping devices grew from 2.2 million in 2016 to 16.2 million devices last year, according to the U.S. Centers for Disease Control and Prevention.

The agency threatened in September to ban Juul and four other leading e-cigarette products unless their makers took steps to prevent use by minors. The FDA gave Juul and four big tobacco companies 60 days to submit plans to curb underage use, a compliance period that is now ending.

The planned restrictions on flavors in convenience stores are likely to have the biggest impact on Juul, which sells nicotine liquid pods in flavors such as mango, mint, fruit and creme, previously called creme brulee.

Juul competitors

The only other e-cigarette competitors sold at convenience stores are those marketed primarily by tobacco companies such as Altria Group Inc, British American Tobacco Plc, Imperial Brands Plc and Japan Tobacco Inc.

Those products, sold under the MarkTen, blu, Vuse and Logic brands, have lost market share as Juul has risen to prominence over the last year, growing from 13.6 percent of the U.S. e-cigarette market in early 2017 to nearly 75 percent now, according to a Wells Fargo analysis of Nielsen retail data.

E-cigarette products represent a small share of revenue for major tobacco companies, whereas Juul’s business is built entirely on the vaping devices. Revenue from e-cigarette devices made up less than 1 percent of British American Tobacco’s global revenue for the first six months of 2018, according to a company filing from July.

Altria last month announced it would stop selling its pod-based electronic cigarettes, generally smaller devices that use pre-filled nicotine liquid cartridges, in response to the FDA’s concerns about teen usage. The company also said it would restrict flavors for its other e-cigarette products to tobacco, menthol and mint.

Representatives from Altria, British American Tobacco, Imperial Brands and Japan Tobacco did not respond to requests for comment Thursday evening. A Juul spokeswoman declined to comment.

The companies have previously said their products are intended for adult use and that they work to ensure retailers comply with the law.

Divisive products

Juul has previously said the company wants to be “part of the solution in keeping e-cigarettes out of the hands of young people” but that “appropriate flavors play an important role in helping adult smokers switch.”

Meredith Berkman, a founder of Parents Against Vaping E-cigarettes, which seeks to curb underage use, said the agency’s move was a “good first step,” but added that “the final step should have happened yesterday.”

“Why not do away with flavors altogether, why not do away with online sales altogether?” she said.

E-cigarettes have been a divisive topic in the public health community. Some focus on the potential for the products to shift lifelong smokers onto less harmful nicotine products, while others fear they risk drawing a new generation into nicotine addiction.

Last year the FDA, under Gottlieb, extended until 2022 a deadline for e-cigarette companies to comply with new federal rules on marketing and public health.
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From: MeNeedIt

India-based motorcycle brand Royal Enfield expects sales in its new North American business to almost triple this year and is aiming to dominate the market for middleweight bikes into which Harley-Davidson Inc has just shifted in a bid to revive sales.

Enfield, originally a classic UK brand but manufactured by India’s Eicher Motors Ltd in southern India since the early 1970s, has thwarted Harley’s efforts to make inroads in India, the world’s biggest two-wheeler market with some 17 million in sales annually.

Both companies are dwarfed in the lightweight categories by India’s Hero Motor Corp, Japan’s Honda and Bajaj Auto , and so far Enfield’s presence outside India in the more specialized market in medium-sized and large cruisers has been minimal.

Its arrival in North America three years ago signaled another headache for Harley, although sales of its iconic “Bullet” and “Classic” motorcycles have been stuck in the hundreds.

Based in Milwaukee, also the home town of Harley, Enfield sold between 700 and 800 motorcycles in the year ended March, and expects to sell nearly 2,000 in the current fiscal year, according to its North America president, Rod Copes.

“Our goal, over the next three to five and 10 years, is to be the largest middleweight motorcycle player, not just globally but also in North America. We want to get up to, where we are selling more than 10,000 to 15,000 motorcycles a year,” Copes told Reuters.

The bikemaker has been able to capitalize on demand by helping younger riders own a cruiser bike, along the lines of Harley’s but at a more affordable price point.

Enfield bikes come with a starting price tag of $4,000, which will rise to the $8,000 range following its new launches early next year. Harley’s entry level bike prices start at $6,899 and go up to $43,889.

“The U.S. motorcycle market is flipped upside down and the only segment that is growing is the middle-weight. I think we are beginning to see a little bit of a trend and a change in the industry itself, away from maybe the bigger, the better to smaller is funner,” Copes added.

Harley has been the historical market leader in the heavyweight motorcycle space in the United States and has been expanding into the middleweight motorcycle market with the launch of Street 500, Street 750 and the Street Rod range.

While Harley’s shipments have been dropping in the United States as its mainstay customer base is aging, it still managed to ship 144,893 motorcycles in the United States in fiscal 2017, according to its annual SEC filing.

The company does not break down those numbers into bike categories but analysts say almost all of those were heavyweight cruisers.
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From: MeNeedIt

In Uganda, officials have stepped up measures to prevent an outbreak of the deadly Ebola virus. Ebola has infected 250 people in the neighboring Democratic Republic of Congo since August, killing 180. The border between the countries remains open, and health experts fear the virus will enter Uganda through the cross-border traffic. Halima Athumani reports from Bundibugyo, Uganda.
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From: MeNeedIt

A Japanese broadcaster canceled a live TV appearance of the Korean band BTS after a photo went viral of a band member wearing a T-shirt showing an atomic bombing juxtaposed with the celebration of Korea’s liberation from Japan after World War II.

Japanese social media was filled with chatter over the photo of Jimin wearing the shirt with an image of a mushroom cloud with the English words “patriotism” and “Korea.”

TV Asahi said it had talked with the band’s recording company to try to learn why he wore the T-shirt. The broadcaster’s statement also apologized to viewers who had looked forward to the band’s appearance, which had been scheduled for Friday.

Company spokesman Shinya Matsuki declined further comment.

Universal Music said it will continue to support BTS but confirmed their appearance on the live music show “Music Station” was canceled.

are extremely popular in Japan, sometimes in stark contrast to the controversy and hostility that can mark other aspects of the two nation’s ties because of Japan’s occupation of the Korean Peninsula in the early 20th century until the end of World War II.

Some Japanese fans of the band expressed disgust on Twitter that their show was canceled over a T-shirt.

The seven-member BTS has collaborated with Japanese American DJ and musical artist Steve Aoki and has reached No. 1 on the Billboard

South Korean K-pop and movie stars chart.
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From: MeNeedIt

Attempted drone attacks at this year’s World Cup in Russia were thwarted by government authorities, the head of the host country’s Federal Security Service said Wednesday.

Alexander Bortnikov said his officers “took measures to detect and foil attempts by terrorists to use drones during the preparation and hosting of various major political and sports events, most of all during the soccer World Cup.”

In comments reported by the Tass state news agency, Bortnikov didn’t say who the “terrorists” were or how they were stopped.

Separately, Interior Minister Vladimir Kolokoltsev told the Interfax news agency that seven “nationalist” hooligan gangs were stopped from attacking foreign fans. They had allegedly planned to target supporters from England, Senegal, Argentina and Poland.

Neither Bortnikov nor Kolokoltsev specified any court cases or convictions resulting from their agencies’ actions. In April, Russia said “extremists” and nationalist soccer hooligans had planned to attack World Cup events in the city of Samara but were foiled.

Russia used thousands of police and cutting-edge surveillance technology to guard the World Cup, including facial-recognition cameras, airport-style scanners and obligatory government-issue ID cards for anyone attending a game.

However, four Pussy Riot protesters managed to run onto the field during the final. They each served 15 days in jail for disrupting the event.

One of the protesters, Pyotr Verzilov, fell ill suddenly in September and was taken to Germany for treatment. Friends said he was poisoned, an explanation that German doctors considered “highly plausible,” though they couldn’t say who may have poisoned him or how.
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From: MeNeedIt

The Chinese government granted 18 trademarks to companies linked to President Donald Trump and his daughter Ivanka Trump over the last two months, Chinese public records show, raising concerns about conflicts of interest in the White House.

In October, China’s Trademark Office granted provisional approval for 16 trademarks to Ivanka Trump Marks LLC, bringing to 34 the total number of marks China has greenlighted this year, according to the office’s online database. The new approvals cover Ivanka-branded fashion gear including sunglasses, handbags, shoes and jewelry, as well as beauty services and voting machines.

The approvals came three months after Ivanka Trump announced she was dissolving her namesake brand to focus on government work.

China also granted provisional approval for two “Trump” trademarks to DTTM Operations LLC, headquartered at Trump Tower on Fifth Avenue in New York. They cover branded restaurant, bar and hotel services, as well as clothing and shoes.

The marks will be finalized if there is no objection during a 90-day comment period.

All the trademarks were applied for in 2016.

“These trademarks were sought to broadly protect Ms. Trump’s name, and to prevent others from stealing her name and using it to sell their products,” Peter Mirijanian, a spokesman for Ivanka Trump’s ethics attorney, said in an email. “This is a common trademark practice, which is why the trademark applications were granted.”

Both the president and his daughter have substantial intellectual property holdings in China. Critics worry that China, where the courts and bureaucracy are designed to reflect the will of the ruling Communist Party, could exploit those valuable rights for political leverage.

There has also been concern that the Trump family’s global intellectual property portfolio lays the groundwork for the president and his daughter, who serves as a White House adviser, to profit from their global brands as soon as they leave office.

“Ivanka receives preliminary approval for these new Chinese trademarks while her father continues to wage a trade war with China. Since she has retained her foreign trademarks, the public will continue to have to ask whether President Trump has made foreign policy decisions in the interest of his and his family’s businesses,” wrote Citizens for Responsibility and Ethics in Washington, a government watchdog group that first published the news about Ivanka Trump brand’s new Chinese trademarks.

Lawyers for Donald Trump in Beijing declined to comment.

Companies register trademarks for a variety of reasons. They can be a sign of corporate ambition, but many companies also file defensively, particularly in China, where trademark squatting is rampant. Trademarks are classified by category and may include items that a brand does not intend to market. Some trademark lawyers also advise clients to register trademarks for merchandise made in China, even if it’s not sold there.

China has said it handles all trademark applications equally under the law.
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From: MeNeedIt

Public databases that shine a light on online political ads – launched by Facebook and Google before Tuesday’s U.S. elections – offer the public the first broad view of how quickly the companies yank advertisements that break their rules.

The databases also provided campaigns unprecedented insight into opponents’ online marketing, enabling them to capitalize on weaknesses, political strategists told Reuters.

Facebook and Google, owned by Alphabet, introduced the databases this year to give details on some political ads bought on their services, a response to U.S. prosecutors’ allegations that Russian agents who deceptively interfered in the 2016 election purchased ads from the companies.

Russia denies the charges. American security experts said the Russians changed tactics this year.

Reuters found that Facebook and Google took down 436 ads from May through October related to 34 U.S. House of Representatives contests declared competitive last month by RealClearPolitics, which tracks political opinion polls.

Of the 258 removed ads with start and end dates, ads remained on Google an average of eight days and Facebook 15 days, according to data Reuters collected from the databases.

Based on ranges in the databases, the 436 ads were displayed up to 20.5 million times and cost up to $582,000, amounting to a fraction of the millions of dollars spent online in those races.

Asked for comment, Google said it is committed to bringing greater transparency to political ads. Facebook said the database is a way the company is held accountable, “even if it means our mistakes are on display.”

In some cases, the companies’ automated scans did not identify banned material such as hateful speech or images of poor quality before ads went live.

Ads that are OK when scanned may also become noncompliant if they link to a website that later breaks down.

Google’s database covers $54 million in spending by U.S. campaigns since May and Facebook $354 million, according to their databases.

Facebook’s figure is larger partly because its database includes ads not only from federal races but also for state contests, national issues and get-out-the-vote efforts.

The databases generally do not say why a particular ad was removed, and only Facebook shows copies of yanked ads.

The American Conservative Union political organization, which had 136 ads removed through Sunday on Facebook, said some commercials contained a brief shot of comedian Kathy Griffin holding a decapitated head meant to portray U.S. President Donald Trump.

Removing the bloody image resolved the violation for sensational content, and the organization said it had no qualms about Facebook’s screening.

Some removals were errors. The Environmental Defense Action Fund said Facebook’s automated review wrongly misclassified one of its ads as promoting tobacco.

Ryan Morgan, whose political consulting firm Veracity Media arranged attack ads for a U.S. House race in Iowa, said Google barred those mentioning “white supremacy” until his team could explain the ads advocated against the racist belief.

Five campaign strategists told Reuters they adjusted advertising tactics in recent weeks based on what the databases revealed about opponents’ spending on ads and which genders, age groups and states saw the messages.

Ohio digital consultant Kevin Bingle said his team reviewed opponents on Facebook’s database daily to take advantage of gaps in their strategy.

Morgan said his team tripled its online ad budget to $600,000 for a San Francisco affordable housing tax after Facebook’s database showed the other side’s ads were reaching non-Californians.

That political intelligence “let us know that digital was a place we could run up the score,” he said.
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From: MeNeedIt

China is set to overtake France as the world’s top tourist destination by 2030 as a growing middle class in Asia looks to spend more on travel, according to experts at market research group Euromonitor International. 

In a report published Tuesday at an industry conference in London, Euromonitor said it was predicting that 1.4 billion trips would be taken in 2018, up 5 percent from last year. Stronger growth in many major economies means industry receipts will rise by an estimated 11 percent. 

By 2030, international arrivals are expected to have risen by another billion, corresponding to around $2.6 trillion in receipts. China is expected to have overtaken France by then to become the world’s No. 1 destination. 

Much of the sustained boom in travel and tourism, which has outpaced growth in the global economy for eight years, is centered in the Asia-Pacific region, where trips are expected to grow by 10 percent this year. The region has benefited from rapidly growing economies as well as an expanding middle class that seeks to spend disposable income on leisure. 

Euromonitor’s senior travel analyst, Wouter Geerts, said the gradual process of loosening visa restrictions has made traveling in the region easier, with 80 percent of arrivals in Asia originating from the region. He also said sporting events would most likely further boost the region, with Tokyo hosting the 2020 Summer Olympic Games and Beijing the 2022 winter event. 

“Tourism is a key pillar of the Chinese economy, and much investment has been made to improve infrastructure and standards, in addition to tourism-friendly policies and initiatives,” he said. 

Egypt doing well

Other bright spots in the forecast are countries like Egypt, Tunisia and Turkey, which have seen sharp falls in tourist numbers over the past few years linked to security concerns. 

Egypt, in particular, appears to be doing well, following a long period of decline largely linked to the political upheaval since a popular uprising in 2011 and the downing of a Russian passenger plane over Egypt’s Sinai Peninsula in 2015 by an affiliate of the Islamic State group, killing 224 people. 

Though Egypt’s bookings were up 134 percent in 2017-18 from the year before, according to Euromonitor, the industry is still short of where it was in 2010. Egyptian government figures show 8 million tourists visited the country last year, well down from the 14 million recorded in 2010. 

Europe is also proving resilient and growing strongly despite economic and political turmoil in some countries and a slew of extremist attacks in recent years. 

One source of uncertainty for the outlook centers on Brexit. A “no-deal” Brexit, which would see Britain crashing out of the European Union in March, would see millions opt to stay at home — an estimated 5 million in 2022 — rather than book overseas holidays, the report says. That would have a ripple effect across many destinations, notably in Spain, where U.K. travelers account for around a fifth of the tourist-related revenues. 

Euromonitor also warned that the U.S. tourism industry could face a hit if the trade tensions between the U.S. and China escalate. 
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From: MeNeedIt

People magazine has named Idris Elba as 2018’s Sexiest Man Alive, and the British actor says the honor has given him a boost of self-confidence.

Elba, who starred in “The Wire” and “Luther,” was surprised after being crowned this year’s winner, the magazine said.

“I was like, ‘Come on, no way. Really?’” he told the magazine. “Looked in the mirror, I checked myself out. I was like, ‘Yeah, you are kind of sexy today.’ But to be honest, it was just a nice feeling. It was a nice surprise — an ego boost for sure.”

Elba’s selection was revealed on “The Tonight Show Starring Jimmy Fallon,” with the actor appearing via satellite from London. Fallon had Elba perform poses to match the magazine’s cover description of him as a “sweet, smoldering superstar.” Elba said of his selection, “My mom is going to be very, very proud.”

The actor has also starred in Marvel’s “Thor” franchise and as Nelson Mandela in the film “Mandela: Long Walk to Freedom.”

Elba, 46, also performs on the side under the deejay name DJ Big Driis and has his own clothing line. He is also planning a wedding with his fiancee Sabrina Dhowre.

The actor has a 16-year-old daughter, Isan, and a 4-year-old son, Winston, from previous relationships.

Elba told People about his upbringing as an only child of African immigrants growing up in East London. The actor said his parents were strict and he got picked on often while attending an all-boys school despite playing an array of sports including football, basketball, cricket, hockey and rugby.

“I was very tall and skinny,” recalled Elba, who stands at 6-foot-3. “And my name was Idrissa Akuna Elba, OK? I got picked on a little bit. But again, as soon as I could grow a mustache, I was the coolest kid on the block. Grew a mustache, had some muscles, bonkers.”

Past winners include Dwayne Johnson, David Beckham, Chris Hemsworth, Adam Levine, Channing Tatum and last year’s honoree, country star Blake Shelton.

Elba will be featured in a special double issue that will hit newsstands Friday. The actor said he tries to live life without few regrets.

“Life isn’t about thinking about what you should have done,”he said. “I think everyone should adopt the philosophy that tomorrow is not promised so just go for it today. You might as well do it to your heart’s content.”

 
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From: MeNeedIt

Amazon isn’t commenting on reports that it plans to split its new headquarters between facilities in two cities rather than choosing just one.

The New York Times, citing unnamed people familiar with the decision-making process, said the company is nearing deals to locate in Queens in New York City and in the Crystal City area of Arlington, Va., outside Washington, D.C. The Wall Street Journal, which also reported the plan to split the headquarters between two cities, says Dallas is still a possibility as well.

Spokesman Adam Sedo said Amazon, which will also keep its original headquarters in Seattle, would not comment on “rumors and speculation.”

Amazon’s decision to set up another headquarters set off an intense competition to win the company and its promise of 50,000 new jobs. Some locations sought to stand out with stunts, but Amazon emphasized it wanted incentives like tax breaks and grants. It also wanted a city with more than 1 million people, an airport within 45 minutes, direct access to mass transit and room to expand.

The company received 238 proposals before narrowing the list to 20 in January.

The unexpected decision to evenly divide the 50,000 jobs between two cities will allow the company to recruit enough talent and also relieve pressures from demand for housing and transportation, the Wall Street Journal reported.

The New York Times said Amazon executives met last month with New York Gov. Andrew Cuomo and the state had offered possibly hundreds of millions of dollars’ worth of subsidies. They also met with New York City Mayor Bill de Blasio, it said.

“I’ll change my name to Amazon Cuomo if that’s what it takes,” the report cited Cuomo as saying.

Amazon has said it could spend more than $5 billion on the new headquarters over the next 17 years, about matching the size of its current home in Seattle, which has 33 buildings, 23 restaurants and 40,000 employees.

Amazon founder and CEO Jeff Bezos has said the new headquarters will be “a full equal” to its current home.

Amazon already employs 600,000 people. That’s expected to increase as it builds more warehouses across the country to keep up with online orders. The company recently announced that it would pay all its workers at least $15 an hour, but the employees at its second headquarters will be paid a lot more — Amazon says they’ll make an average of more than $100,000 a year.
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From: MeNeedIt

Chinese President Xi Jinping said Monday that China would take steps to widen access to its markets as he opened a huge trade fair amid criticism from other countries about China’s economic and business practices.

Xi said China would lower tariffs, take more action to punish violations of intellectual property rights, and work to boost domestic consumption of imported goods.

Speaking at the trade expo in Shanghai, Xi pledged to “embrace the world” as China promotes the growing consumer market in the world’s second-largest economy.

He did not mention U.S. President Donald Trump by name, but alluded to Trump’s “America first” economic policies by criticizing isolationism and citing a need to defend multilateral trade.

​The United States and China are locked in a battle over trade, with Trump complaining about the trade gap between the two countries and accusing China of stealing intellectual property and imposing policies that make it more difficult for U.S. companies to access the Chinese market.

Trump has announced boosted tariffs on $250 billion of Chinese goods, while China has countered with $110 billion in tariffs on U.S. products. Xi and Trump are expected to meet later this month.

The European Union has also complained about China’s trade policies, including criticizing Xi for not following through on earlier reform pledges. The EU called last week for Xi to present concrete steps to opening its market.
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From: MeNeedIt